UC Hub Group, Inc. Acquires Mining Assets From Tri-Star Holdings, Inc.

• Press Release
• Source: UC Hub Group, Inc.
• On 7:09 am EST, Wednesday January 7, 2009

FT. LAUDERDALE, FL--(MARKET WIRE)--Jan 7, 2009 -- UC Hub Group, Inc. (OTC BB:UCHB.OB - News) and Tri-Star Holdings, Inc. (Other OTC:TSHL.PK - News) announce the companies have executed a formal asset acquisition and assignment agreement whereby UC Hub Group, Inc. will acquire certain mining assets from Tri-Star Holdings for stock in UC Hub Group, Inc. These mining contracts and assets include those in Arizona referred to as COS I, COS II, and Wickenburg; the Lucky Linda Claim in Nevada, and three Idaho copper mine claims -- Blue Jay #12, Blue Jay #13, and Blue Jay #14. In exchange for these assets, UC Hub will issue $3.8 Million of its restricted common stock at two cents per share to Tri-Star Holdings, Inc.

Related Quotes

Symbol	Price	Change
UCHB.PK	0.01	0.00

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UC Hub Group, Inc. has begun testing technology and soil samples while perfecting title and completing the due diligence. Additionally, UC Hub Group, Inc. is in discussions with both domestic and European funding sources and an additional mining property. UC Hub Group has been working with an independent mining geologist to define the economics of said claims while working on a more thorough analysis of said claims as required by the existing formal executed and notarized agreement between parties. UC Hub Group, Inc. will complete some informal testing this week and will begin actual volume mining in tons next week which should be complemented by a geology report that will more accurately represent facts about the property and the potential of pay gravel. UC Hub has an agreement to move forward with these mining excavations with heavy equipment immediately.

UC Hub Group, Inc. will concurrently begin forming an appropriate board of advisors with professionals in this field. Per the performance metrics of the new extraction technology and the historic mining technologies, the Company will then recruit appropriate management for an expanded mining endeavor with existing and new targeted locations. UC Hub Group, Inc. also is in discussions with strategic investment partners that may add efficiency quotients to the overall mining vision.

Safe Harbor Provision

This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of UC Hub Group, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, the availability of technical personnel, changes in technology and competition.

     Contact:
     Larry Wilcox
     CEO
     UC Hub Group, Inc.
     1 800 278 8870
     Email Contact
      
     Anthony Mellone
     President & CEO
     Tri-Star Holdings, Inc.
     954-772-2640
     Email Contact